Home and Garden in Beijing

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This family home is located in Beijing's Chaoyang district in a gated compound called Grand Hills, which holds 193 villas. The three-story property was first constructed in 2003 and is the only villa in the compound that has a different interior layout.

This family home is located in Beijing's Chaoyang district in a gated compound called Grand Hills, which holds 193 villas. The three-story property was first constructed in 2003 and is the only villa in the compound that has a different interior layout.

The corner unit faces a fountain on the property that creates 'good feng shui' for the suburban home, said Knight Frank listing agent Maureen Yeo. She added that the home's landscaped garden is a rarity in Beijing.

The corner unit faces a fountain on the property that creates 'good feng shui' for the suburban home, said Knight Frank listing agent Maureen Yeo. She added that the home's landscaped garden is a rarity in Beijing.

The owner, a private banker and investor from France, lived in the home for four years along with his wife and two children. The family splits their time between Singapore, France, Switzerland and China, and is now spending more time abroad.

The owner, a private banker and investor from France, lived in the home for four years along with his wife and two children. The family splits their time between Singapore, France, Switzerland and China, and is now spending more time abroad.

The owners have owned the home for nine years though a company registered in Hong Kong. 'This company structure is perfect for foreigners wanting to buy a property in China, as well as for mainland Chinese people, as they are not limited by the current government restrictions,' said Ms. Yeo, noting that the transfer of the property is through the sale of the company, rather than the asset itself, and thus not subjected to certain capital gains taxes or government limits on home purchases.

The owners have owned the home for nine years though a company registered in Hong Kong. 'This company structure is perfect for foreigners wanting to buy a property in China, as well as for mainland Chinese people, as they are not limited by the current government restrictions,' said Ms. Yeo, noting that the transfer of the property is through the sale of the company, rather than the asset itself, and thus not subjected to certain capital gains taxes or government limits on home purchases.

The house, which is four miles from the Beijing airport and minutes away from a few international schools, was listed in August for 55 million yuan ($8.8 million). The sale price does not include the furnishings, but they are negotiable, Ms. Yeo said.

The house, which is four miles from the Beijing airport and minutes away from a few international schools, was listed in August for 55 million yuan ($8.8 million). The sale price does not include the furnishings, but they are negotiable, Ms. Yeo said.